OneAmerica Achieves Record Growth While Maintaining Strong Capital Position

OneAmerica announced today another record-breaking growth year in 2015 with all-time highs in sales, revenues and assets under administration.  The company also reached an important milestone by paying a record $3.9 billion in benefits to customers in 2015.

“2015 was yet another remarkable year for OneAmerica and for our clients, whom we are proud to serve. Our company’s strong values and commitment to the business are driving year-over-year growth,” said OneAmerica President and CEO Scott Davison. “This is a good time to be a mutual company, and we expect 2016 to be a great year as well.”

Driven by strong year over year growth in each of its divisions, 2015 sales exceeded $3 billion for the first time in OneAmerica history, reflecting a 27 percent increase from 2014.  Strong sales and customer retention helped drive GAAP revenues to a record $2.0 billion in 2015.

The financial services enterprise grew its assets under administration by 57 percent to $71.4 billion, led by the previously announced acquisition of BMO Financial Group’s Milwaukee-based, U.S. retirement services business, now part of OneAmerica Retirement Services LLC.

Assets under Administration:

The company’s growth is supported by its strong capital position and financial strength, which were once again validated by major ratings agencies in 2015. Total available capital of $1.6 billion remained near record levels at year end 2015.

 OneAmerica continues to maintain capital levels well above the AAA level – S&P’s highest capital standard.  A.M. Best affirmed the A+ (Superior) rating for OneAmerica companies American United Life Insurance Company® (AUL), The State Life Insurance Company® (State Life) and Pioneer Mutual Life Insurance Company® (PML). A+ (Superior) is the second highest of 16 possible ratings as of July 23, 2015. 

In addition, the AA- rating assigned to AUL and State Life by Standard & Poor’s was affirmed – the fourth highest of 22 possible ratings as of September 2, 2015.

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About OneAmerica^®
A national leader in the insurance and financial services marketplace for nearly 140 years, the companies of OneAmerica help customers build and protect their financial futures.

OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products.

Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources that are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit www.OneAmerica.com/companies, the OneAmerica Newsroom or follow @OneAmerica on Twitter.